P.M. BRIEFING : Japan Firm Rejects Soviet VCR Plea
Matsushita Electric Industrial Co. has officially rejected a Soviet request to produce videocassette recorders in the Soviet Union, company officials said today.
The Soviet Electronic Industry Ministry asked Matsushita in late 1987 to start local VCR production by assembling such finished parts as cylinders exported from Japan, the officials said.
Matsushita has so far exported finished VCRs to the Soviet Union.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.